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Blencowe Resources Signs Five-year Flake Graphite Offtake MoU

MT Newswires·12/09/2025 05:25:22
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05:25 AM EST, 12/09/2025 (MT Newswires) -- Blencowe Resources (BRES.L) signed a five-year nonbinding offtake memorandum of understanding with Yunasko, according to a Tuesday filing. The agreement covers the initial delivery of 500 tonnes of purified medium flake graphite annually, which will be upgraded by the US partner, American Energy Technology Co. The mineral explorer and developer noted that the pricing of the material is subject to a formal binding contract, which is expected to be secured within 24 months. Additionally, the company noted that it is in advanced talks with original equipment manufacturers and downstream processors for other potential offtake deals.